The transaction includes license to apply
NanoGalv, a premium, extended life corrosion protection system for
critical bolting applications
HOUSTON, May 20, 2024 /PRNewswire/
-- Lamons®, a global leader in safety sealing and
attachment solutions, today announced the asset acquisition of
ModuHouston from Modumetal. Now known as ModuCoatings, ModuHouston
is a location that provides coating application of the field-proven
NanoGalv® zinc-nickel plating system for bolting and
fastener applications. The acquisition is a significant milestone
in the company's commitment to innovation and providing industry
leading solutions.
"This acquisition represents our dedication to find new ways to
solve the many challenges facing our customers while continuing to
provide coating application services to the broader community,"
said Marc Roberts, Lamons CEO.
"Additionally, we believe that this technology is a great
alternative to corrosion systems that potentially may face issues
with PFAS while providing an extended corrosion protection
life."
"Modumetal is focused on bringing innovative solutions to extend
meantime between failure (MTBF) attributable to corrosion and wear.
In the evolving landscape of the oil and gas industry, companies
have increasingly adopted NanoGalv for their projects. With this
acquisition, Lamons will accelerate the implementation of this
technology by providing seamless access to NanoGalv plated
products," said Santosh Mathilakath,
President & CEO, Modumetal. "Modumetal will continue to focus
on delivering superior corrosion and wear solutions and support
existing and new customers as well as ModuCoatings with its
technology."
NanoGalv is a nano laminated coating designed specifically for
corrosion resistance in harsh operating environments for various
industries including energy, infrastructure, defense, automotive,
water and wastewater, and heavy equipment manufacturing. NanoGalv
is a Modumetal proprietary zinc-nickel coating that offers superior
performance, competitively and with substantial sustainability
benefits.
To learn more about ModuCoatings, visit moducoatings.com.
About Lamons
Lamons is one of the leading gasket, bolt, and hose assembly
manufacturers in the world. For 75 years, our mission has been to
provide industry-leading safety sealing and attachment solutions
through our quality, engineered products, technical know-how, and
exceptional support, training, and services. We are still doing
that today with 20 branches across the globe. We stand ready to
support your operations 24/7/365. Let's build the future together.
To learn more, visit Lamons.com.
About Modumetal
Modumetal was founded in 2006 to advance the state-of-the-art
development in a new class of metals known as nanolaminated metals.
The company has developed and commercially deployed a patented
nanolamination process to combat the effects of corrosion. With a
commitment to producing novel technologies in an environmentally
sustainable manner, Modumetal's innovative alloys exceed the
performance limitations of conventional materials and can be
applied at an industrial level. To learn more, visit
Modumetal.com.
Megan Decker | 832.506.8310 |
megan.decker@lamons.com
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SOURCE Lamons